DTE Energy director receives phantom stock grant

SKAGGS ROBERT C JR reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

SKAGGS ROBERT C JR reported acquisition or exercise transactions in this Form 4 filing.

DTE Energy Co director Robert C. Skaggs Jr. received a grant of 1,230 units of phantom stock on May 7, 2026. This award was reported at a price of $0.00 per unit, reflecting compensation rather than a market purchase.

The phantom stock is tied 1-for-1 to DTE common stock and is immediately vested but subject to a minimum 1-year deferral. Following this grant, Skaggs holds a total of 14,109.33 phantom stock units, indicating a routine, compensation-related increase in his deferred equity-based holdings.

Insider Trade Summary

Grant/Award: 1,230 shares

Grant/Award 1 txn

Insider SKAGGS ROBERT C JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	1,230	$0.00	$0.00

Holdings After Transaction: Phantom Stock — 14,109.33 contracts (Direct)

Footnotes (3)

1. F1. 1 for 1
2. F2. The phantom shares are immediately vested, but subject to a minimum 1-year deferral.
3. F3. Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors.

Key Figures

Phantom stock grant: 1,230 units Phantom stock holdings after grant: 14,109.33 units Grant price per unit: $0.00 per unit +2 more

5 metrics

Phantom stock grant 1,230 units Grant on May 7, 2026 to director Robert C. Skaggs Jr.

Phantom stock holdings after grant 14,109.33 units Total phantom stock units following the reported transaction

Grant price per unit $0.00 per unit Compensation-related phantom stock award, not an open-market purchase

Conversion ratio 1-for-1 Each phantom stock unit linked to one DTE common share

Minimum deferral period 1 year Phantom shares immediately vested but subject to minimum one-year deferral

Key Terms

Phantom Stock, Deferred Stock Compensation Plan, Grant, award, or other acquisition

3 terms

Phantom Stock financial

"The phantom shares are immediately vested, but subject to a minimum 1-year deferral."

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Deferred Stock Compensation Plan financial

"Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors."

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did DTE Energy (DTB) report for Robert C. Skaggs Jr.?

DTE Energy reported that director Robert C. Skaggs Jr. received 1,230 phantom stock units as a compensation grant. The award is recorded at $0.00 per unit and increases his deferred equity-based holdings under the company’s compensation arrangements.

How many phantom stock units does Robert C. Skaggs Jr. hold after this DTE Energy grant?

After the latest grant, Robert C. Skaggs Jr. holds 14,109.33 phantom stock units. This total includes the new 1,230-unit award and prior phantom stock accumulated under DTE Energy’s deferred stock compensation plan for non-employee directors.

Is the DTE Energy phantom stock grant to Robert C. Skaggs Jr. an open-market purchase or sale?

The phantom stock grant is not an open-market purchase or sale. It is a compensation-related award reported with transaction code “A,” representing a grant or other acquisition, and is shown at $0.00 per unit rather than a market trading price.

How is the DTE Energy phantom stock award linked to common stock for Robert C. Skaggs Jr.?

The phantom stock award is linked 1-for-1 to DTE Energy common stock. Each phantom unit represents the economic value of one common share, according to a footnote in the filing, providing equity-aligned compensation without issuing actual shares immediately.

What are the vesting and deferral terms of the DTE Energy phantom stock grant to Robert C. Skaggs Jr.?

The phantom stock units are immediately vested but subject to at least a one-year deferral period. A footnote explains that while Skaggs earns the units right away, payout is deferred, aligning with the company’s deferred stock compensation structure for non-employee directors.

Under which DTE Energy plan were phantom stock units accumulated for Robert C. Skaggs Jr.?

The filing states that phantom stock units include shares acquired through reinvestment under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors. This plan allows director compensation and reinvested amounts to accrue as phantom stock units over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/11/2026 - 12:51 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SKAGGS ROBERT C JR

(Last) (First) (Middle)

ONE ENERGY PLAZA

(Street)

DETROIT MICHIGAN 48226

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DTE ENERGY CO [ DTE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	05/07/2026		A		1,230		(2)	(2)	Common Stock	1,230	$0	14,109.33(3)	D

Explanation of Responses:

1. 1 for 1

2. The phantom shares are immediately vested, but subject to a minimum 1-year deferral.

3. Includes phantom stock acquired through the reinvestment feature under the DTE Energy Company Deferred Stock Compensation Plan for Non-Employee Directors.

Remarks:

	/s/Todd A. Richards, Attorney-in-Fact	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)